Bitmain's ASICs for Ethereum could bring back the stock of NVIDIA and AMD graphics ... or not
It is rumored that the arrival of Bitmain's ASICs for Ethereum could cause a drop in the sale of graphics from NVIDIA and AMD for mining, although it seems highly unlikely.
The little specialized media sometimes have a few things. According to the Wall Street Journal, AMD and NVIDIA could suffer from the arrival of new ASICs for cryptocurrency mining, causing the price of graphics cards to adjust. This really won't be like that, you can get this idea out of your head. Initially it will be very difficult for mining farms to buy these specialized ASICs for Ethereum and it is possible that graphics will continue to be purchased in large quantities. Nor will we see second-hand graphics, because the farms will not disassemble like that for the good.
This absurd prediction, the result of ignorance, has caused the shares of AMD and NVIDIA to fall slightly, but it could be normal fluctuations. For NVIDIA, not selling graphics cards for mining is not a problem, because it has many other markets, but AMD will notice it, since its RX Vega graphics cards are a real disaster, not even for cryptocurrency mining they serve, no matter how much say they are sold for mining. The consumption of these, the temperatures and the price, make them unviable for mining.
"During our Asia travels last week, we confirmed that Bitmain has already developed an ASIC [application-specific integrated circuit] for Ethereum mining, and is preparing the supply chain for shipments in 2Q18," the analyst wrote. Christopher Rolland in a note to his clients today.
'While Bitmain is likely to be the largest ASIC provider (currently owning 70-80% of Bitcoin mining ASICs) and the first to commercialize this product, we have had knowledge of at least three other companies working on Ethereum ASICs. , all in various stages of development. '
Those of you who expect a shower of graphic cards due to the arrival of second-hand ASICs and a drop in prices, I already tell you to forget. I cannot affirm it, but there must be a very long waiting list for Ethereum ASICs and the large farms that have invested a lot of money, will not disassemble the graphics to mount ASICs, because they would have to reform the facilities at an electrical level and at a space level.
Source: TPU
It's nice to always read the same three sentences in all and literally all of your blogs looking for the slightest idea and context to put the next sentence instead every time you put that sentence I buy a six pack of beer RX Vega graphics cards are a real disaster, they are not even good for mining cryptocurrencies, no matter how much they say they are sold for mining or that they consume a lot or put the minimum context to discredit Vega like the note that Hollywood bought the Vega and they put the same sentences. It's fine that NVIDIA advertises them, but to such a level of defending it and it's funny that they put "The unspecialized media" when you have shown to be many times and to be very impartial so I hope one day that an AMD product sponsors you and you swallow your five-year-old crap greetings and good luck (because you only wish luck to failures like you)
I don't understand anything, I've had to stop reading, because I haven't understood half of the things, since your spelling doesn't reach a four-year-old.
The drop in GPU prices will not depend on current farms and their electrical and / or space requirements, or what the Chinese want or not. If they put on sale ASICS that mine 10 times faster for the same cost, second-hand GPUs are going to flood the market (and at a funny price) yes or yes, and whoever likes it.
That of mining ten times faster, I am not very clear. The farms will start mining other coins, which there is nothing to mine.
It is that nothing is actually written. Neither I nor the writer of the article know how good those ASICS will be. It can continue all the same, just as it can finally burst the blessed bubble. As for other currencies, you are right about that. But there is no doubt that ethereum is the most important of the GPU mined cryptocurrencies. And it also looks like there will be ASIC for XMR
Juas, how much bullshit written in so little space.
Juas, what an absurd comment.
The Monero example: modifying the mining algorithm after a hard fork would be enough to remove said ASIC from the market and turn it into a paperweight. People do not want another problem such as bitcoin, such hardware is harmful to cryptocurrencies by limiting scalability, or the decisions to be made in future versions of software and the gradual increase in commissions causing them to lose interest ...